#renewable projects

Bình Thuận Province in South Vietnam. It is one of the windiest, sunniest and dryest place in the country, thus it has seen many solar and wind farms being built in Vietnam's recent renewable boom. Besides fast-growing industry such as energy and tourism, traditionally its people made their living through fishing and farming.

In an era of climate awareness and rising energy costs, industries are rapidly adopting solar generation systems. Solar energy offers a sustainable way to power factories, warehouses, and offices while cutting long-term operational expenses. Businesses now view solar not as an expense but as an investment.

Large-scale renewable energy projects have made it possible for industries to produce their own clean energy. Companies are installing solar rooftops to reduce carbon footprints and gain energy independence. This trend is transforming how businesses approach energy consumption.

Solar power energy allows industries to meet environmental regulations and boost their corporate image. Meanwhile, solar power generation offers predictable energy costs and stability, even in remote regions with limited grid connectivity.

As solar power electricity continues to become more efficient, industries that switch early will gain a competitive edge in sustainability and profitability.

Sri Lanka, Nepal & Bangladesh offer bright prospects for Indian renewable firms

Three neighboring countries – Bangladesh, Sri Lanka and Nepal – represent great opportunities for Indian companies in the field of renewable energy due to renewable project pipelines of up to 1 GW each as well as the possibility of adding 10 GW by three countries combined over the next 10 years The three countries have set ambitious renewable energy targets due to the limited scope for expanding…

India seeks cheaper renewable power contracts to spur solar, wind projects

India is considering plans to assist renewable energy developers as cash-strapped utilities shun the long-term contracts needed to underwrite new wind and solar projects, according to people familiar with the proposals. State-run Solar Energy Corp. is discussing an option to pool electricity supply from renewable energy projects by developers including Adani Green Energy Ltd. and offer it to…

With a view to boost digital payments, the Reserve Bank of India (RBI) will allow the National Electronic Funds Transfer (NEFT) payment system to operate on a 24x7 basis from December 2019. RBI Governor Shaktikanta Das said the move was expected to revolutionise the retail payments system of the country.

At present, the facility of NEFT — usually preferred for fund transfers of less than

Rs 2 lakh — is available between 8 am and 7 pm on all working days, except the second and fourth Saturdays of every month.

Renewable power project developers are staring at weak cash flows from their projects in Andhra Pradesh.

Not paid by the state for a year already, these companies fear that payment will remain stalled till legal clarity emerges on the state's decision to renegotiate tariff of all renewable projects.

 Sector executives said that the unpaid dues total up to Rs 7,000 crore for the past year

 ."Through this highly illicit and non-authoritative decision to review and bring down tariff, Andhra has handled a lot of players in the soup. Duty of more than Rs 7,000 crore were already there. Owing to the weak cash flow, a lot of smaller companies are gazing at a default," said a senior official of a leading renewable organization.

UK govt announces £315 million for 27 renewable projects

LONDON: The UK Government has announced £315 million ($622m) for 27 renewable projects, mostly wind, totalling 2.1GW in its inaugural contracts-for-difference auction, Carbon Brief reports.

According to the website, ‘strike prices’ for the 15-year contracts were well below expectations, with 15 onshore wind farms (749MW), 2 offshore farms (1.16GW), 5 solar parks (72MW) and 5 waste-to-energy…